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1352 Ashbourne Road

ELKINS PARK, PA 19027
  • $479,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: PAMC2102460
$479,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,513
    SQFT
  • $191
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1875
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Welcome to 1352 Ashbourne Rd, Elkins Park, PA 19027 " where investment dreams come true! This stunning single-detached passive income-producing duplex is a gem waiting for savvy investors like you to seize the opportunity.With a total of 2,513 sq ft, this property boasts two fantastic units primed for profit. Unit A on the first floor features 2 bedrooms, 1.5 baths, and a massive kitchen with sleek stainless steel appliances. Plus, with central air and parking, its the epitome of comfort and convenience. And lets talk location"it's within walking distance of the Elkins Park train station, Creekside Market & Tap, and Myers Elementary School. Vibrant Jenkintown markets are also only minutes away.Unit B, the top-floor haven, offers 4 bedrooms, 1 bath, and a vast kitchen with stainless steel appliances. In-unit laundry and parking add to the allure.But wait, theres more! Nestled on a sprawling 0.51-acre lot, the backyard is a canvas for creativity. Subdivide for neighborly extensions (subject to Cheltenham Township approval), set up storage units, or unleash your entrepreneurial spirit with a machine shop " endless possibilities! Want to take things a step further? Ask me about a potential development opportunity.Whether youre a rent-hacking aficionado or a seasoned investor aiming to rake in about an extra $49k annually, this property delivers. With a cap rate of 6.3%, its a golden ticket to financial success and opportunity. Dont miss out. Call us to schedule your showing today.

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www.chesapeakebayproperties.com/homes/149965587
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1352 Ashbourne Road ELKINS PARK, PA 19027

  • Price: $479,000
  • Status: Active
  • On Site: 48 Days
  • MLS #: PAMC2102460
0
Beds
0
Baths
0
½ Baths
0.51
Acres
2,513
SQFT
$191
$/SQFT
1875
Built
Neighborhood:
Elkins Park
County:
Montgomery
Area:
Cheltenham Twp (10631)
Elementary School:
Myers
Middle School:
Cedarbrook
High School:
Cheltenham
School District:
Cheltenham
Property Description
Welcome to 1352 Ashbourne Rd, Elkins Park, PA 19027 " where investment dreams come true! This stunning single-detached passive income-producing duplex is a gem waiting for savvy investors like you to seize the opportunity.With a total of 2,513 sq ft, this property boasts two fantastic units primed for profit. Unit A on the first floor features 2 bedrooms, 1.5 baths, and a massive kitchen with sleek stainless steel appliances. Plus, with central air and parking, its the epitome of comfort and convenience. And lets talk location"it's within walking distance of the Elkins Park train station, Creekside Market & Tap, and Myers Elementary School. Vibrant Jenkintown markets are also only minutes away.Unit B, the top-floor haven, offers 4 bedrooms, 1 bath, and a vast kitchen with stainless steel appliances. In-unit laundry and parking add to the allure.But wait, theres more! Nestled on a sprawling 0.51-acre lot, the backyard is a canvas for creativity. Subdivide for neighborly extensions (subject to Cheltenham Township approval), set up storage units, or unleash your entrepreneurial spirit with a machine shop " endless possibilities! Want to take things a step further? Ask me about a potential development opportunity.Whether youre a rent-hacking aficionado or a seasoned investor aiming to rake in about an extra $49k annually, this property delivers. With a cap rate of 6.3%, its a golden ticket to financial success and opportunity. Dont miss out. Call us to schedule your showing today.
Exterior Features

Architectural Style Colonial Construction Materials Vinyl Siding Garage YN No Parking Features Private Parking Types Off StreetOther Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2513 Appliances DishwasherDryerDisposalOven/Range - GasRefrigeratorStainless Steel AppliancesWasher Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Flooring CarpetLaminated Heating Central Heating YN Yes Inclusions Washers & dryersand kitchen appliances Interior Features CarpetKitchen - Eat-In Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 1

Property Features

Acceptable Financing CashConventionalFHA Accessibility Features None Central Air YN Yes Cooling Fuel Electric Existing Lease Type Yearly Foundation Details Concrete Perimeter Gross Income 30108.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality CHELTENHAM TWP Navigable Water YN N Net Operating Income 43200.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Operating Expense 12000.00 Original MLSNumber 803025953006 Owner Pays WaterSewer Ownership Interest Fee Simple Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 9698.00 Tax Lot 7 Total Actual Rent 43200.00 Utilities Cable TV Vacation Rental YN No Water Source Public Zoning RESIDENTIAL

 
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